2-bedroom property · LE10 1QZ
Listing removedReduced £10k (−5.9%) on 21 JunListed 463 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Chain. Attractive, traditional end terraced house with garage.
Popular and convenient location within walking distance of the town centre, The Crescent, schools, doctors, dentists, train and bus stations, parks, bars and restaurants and good access to major road links.
Well presented and much improved including panelled interior doors, refitted kitchen, modern bathroom, gas central heating and UPVC sudg.
Spacious accommodation offers lounge, dining kitchen and utility room. Two double bedrooms and bathroom with shower. Large single garage to side.
Enclosed hard landscaped side and rear gardens with bin store.
Viewing recommended, new carpets included Tenure Freehold Council Tax Band A EPC Rating E Accommodation Attractive UPVC sudg front door to Front Lounge (3.61 x 3.33 (11'10" x 10'11")) With feature fireplace incorporating a living flame coal effect electric fire, two radiators.
Sliding wooden and glazed door to Inner Lobby With digital programmer and thermostat for central heating system, stairway to first floor.
Door to Refitted Dining Kitchen To Rear (3.72 x 3.32 (12'2" x 10'10")) With a fashionable range of matt cream fitted kitchen units with soft close doors consisting inset single drainer stainless steel sink unit, mixer taps above, double base unit beneath.
Further matching floor mounted cupboard units and drawers, contrasting roll edge working surfaces above with inset four ring gas hob unit, single oven with grill beneath.
Further matching wall mounted cupboard units, radiator, white dining room table and chairs included.
Sliding door to walk in under stairs storage cupboard with lighting and shelving, this also houses the meters.
Wooden, glazed door leads to Utility Room To Rear (1.70 x 2.12 (5'6" x 6'11")) With plumbing for automatic washing machine or a dishwasher, double panelled radiator.
UPVC sudg door to the rear of the property.
Bathroom To Rear (2.20 x 1.68 (7'2" x 5'6")) With white suite consisting panelled bath, electric shower unit above, pedestal wash hand basin and low level WC. Double panelled radiator.
First Floor Landing With loft access, grey panelled interior doors leads to Bedroom One To Front (3.32 x 3.65 (10'10" x 11'11")) With double panelled radiator.
Bedroom Two To Rear (3.34 x 3.67 (10'11" x 12'0")) With double cupboard housing the Worcester gas condensing combination boiler for central heating and domestic hot water, double panelled radiator.
Built in wardrobe over the stairs.
Outside The property is set back from the road leading to a large single brick built garage measuring 2.53m x 5.54m with up and over door to front it has light and power, a rear pedestrian door.
A wrought iron gate and slabbed pathway lead down the left hand side of the property to the fully fenced and enclosed rear garden which is principally paved for easy maintenance with an outside tap.
Attached to the rear of the house is a brick built bin store.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 2, New Street, Hinckley
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